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Simon Flannery of Morgan Stanley asks about how $LVLT is planning to use its cash. CFO Sunit Patel said that the company is not going to use the cash for paying down debt. On returning capital to shareholders, Sunit said that the company is continuing the discussions with its Board and $LVLT does not have an update at this point in time.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.
$TXMD flying high.. anyone here to catch..?
$CMG crashing. There seems to be nothing good to read about this company.